Posted inCurrent affairs
Tax cuts don’t pay for themselves
All of the Republican presidential candidates are competing to see who can spout a big lie about tax policy most convincingly: tax cuts pay for themselves. Common sense says that's absurd. So does economic research. But that doesn't stop the Republican know-nothings, some of whom also disbelieve in evolution, from ignoring the facts. What got me going on this was hearing disgraced former Rep. Tom DeLay holding forth on conservative talk radio today. He claimed that tax cuts generate increased revenue for government. I thought, hogwash. But I hadn't done much research on this, so fired up Google this evening…
